PGA of BC Benefits Plan
Transcript of PGA of BC Benefits Plan
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PGA of BCBenefit PlanPresented by:
Axis Life Insurance AgencyInc.
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Existing Benefit Plan - PGA ofCanada Life Insurance
Accidental Death and Dismemberment(AD&D)
Long Term Disability
Optional Critical Illness
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Existing Benefit PlanLifeInsurance
Income supplement
Family planning
$15,000 Life Insurance coverage
No dependant coverage
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Existing Benefit Plan -
Accidental Death andDismemberment (AD&D)
In correlation with Life Insurance, AD&D is
used to protect against tragic loss of life orlimbs
365 day window to make a claim from time ofaccident
Amount payable depending on the severity
of the accident. 100% of the amount payable examples: Loss
of life, both hands, feet, arms, legs, or eyes. Refer to Item 7, Schedule of Benefits,
Declarations in benefit booklet for all accidentscovered.
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Existing Benefits Plan - LongTerm Disability Coverage
PGA of Canada plan is designed to "stackon" to any existing coverage that a
member may have in place. It is notintended to replace another policy.
Coverage is available to age 70
Disability can be resulting from bothaccident and sickness.
Coverage to a maximum of $1,000 permonth after 120 days of disability.
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Existing Benefits Plan - Long
Term Disability Coverage(continued)
If you are unable to perform your OWN
job, benefits will continue to pay for thefirst two years.
After the first two years, if you are unableto perform ANY job, benefits will continue
to pay to age 70. If you are disabled after age 65, benefits
will be payable for up to 24 months.
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Existing Benefits PlanCriticalIllness (Optional)
Not inclusive to core plan, would have to bepurchased in addition
Available to members up to age 70 No medical required
Coverage up to $250,000 available
Two types of coverage: Option ABaseline coverage for illness that
occur more frequently
Option BMore comprehensive program thatcovers 20 conditions.
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Existing Benefits PlanCriticalIllness (continued)
Lump sum tax free benefit, paid afterattracting an illness stated in option
selected. Survival of 30 days after diagnosis as per
the terms of policy
Option A:
Life Threatening Cancer Heart Attack and
Stroke/Cerebral Vascular Incident
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Axis Life Benefit Plan
This plan will work in unison with existingPGA of Canada plan
Great coverage at a great price
Coverage for additional: Life, AD&D andLong Term Disability
Extends to coverage not offered by PGAof Canada: Health and Dental
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Axis Life Benefit Plan: LifeInsurance and AD&D
$50,000 Death Benefit
Coverage for Dependents up to $10,000per person
No medical required
Matches Life Benefit in the event of atragic accident
Provides the same coverage as indicatedon the existing plans schedule
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Axis Life Benefit Plan: LongTerm Disability
Benefit payments will provide $2,000 per month
120 days waiting period
No medical requirement If you are unable to perform your OWN job,
benefits will continue to pay for the first two years.
After the first two years, if you are unable toperform ANY job, benefits will continue to pay toage 70.
Optional Disability policy for Playing Pros that willprovide high limits coverage
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Axis Life Benefit Plan: DentalNo deductible
Provides 80% coverage on basic services
and 50% on major services $1,500 maximum per year combined with
major services
2 check ups a year
50% Coverage on orthodontics fordependent children
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Axis Contacts
John Pham
604-638-5979
Jennifer Adams
604-697-1831
mailto:[email protected]:[email protected]:[email protected]:[email protected]